{"id":1006,"date":"2021-10-06T12:26:00","date_gmt":"2021-10-06T12:26:00","guid":{"rendered":"http:\/\/brazil.vallourec.com\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/"},"modified":"2021-10-06T12:26:00","modified_gmt":"2021-10-06T12:26:00","slug":"vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group","status":"publish","type":"news","link":"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/","title":{"rendered":"Vallourec announces the creation of \u201cVallourec Tubos para Ind\u00fastria\u201d, a joint venture with the A\u00e7otubo Group"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1006\" class=\"elementor elementor-1006 elementor-1009\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bbd05c9 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"bbd05c9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b778d29\" data-id=\"b778d29\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c32fa05 elementor-widget elementor-widget-spacer\" data-id=\"c32fa05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4ac8f0d elementor-widget elementor-widget-text-editor\" data-id=\"4ac8f0d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>S\u00e3o Paulo, October 2021<\/b> \u2013 Vallourec, the world leader in premium tubular solutions with a large presence in Brazil, announces the launch of the company <b>Vallourec Tubos para Ind\u00fastria (VTI)<\/b>, a joint venture between its Drawn and Profiled Tubes Unit and the Cold Drawn Tubes Division of the A\u00e7otubo Group. Bringing together the quality and solidity value of two major market references, the new business will focus on the supply of steel Cold Drawn tubes and tubular solutions for the industry in general, especially for the automotive, energy, machinery, and industrial equipment segments.<br>\n<br>\nMore than ever, the market seeks delivery reliability, high technical quality, flexibility, and cost competitiveness, just some of the characteristics that have made Vallourec and A\u00e7otubo known.&nbsp;<br>\n<br>\n\u201cBoth companies have a great cultural affinity. Vallourec reinforces its position in the sectors it already serves, but expanding its product portfolio with VTI, while A\u00e7otubo increases its share in the industrial sector. The complementary production processes and organizational similarity formed the ideal scenario for closing the partnership\u201d, explains Rodrigo Renn\u00f3, CEO of VTI.<br>\n<br>\n. \u201cIn the case of A\u00e7otubo, the Steel Tubes Division continues to focus on distribution, and we will continue to buy from several market players. The Drawn Tubes Division becomes part of VTI in a independent business, which will also be able to supply.\u201d, emphasizes Bruno Bassi, CEO of A\u00e7otubo Group.<br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d54f59 elementor-widget elementor-widget-spacer\" data-id=\"7d54f59\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19b4729 elementor-widget elementor-widget-spacer\" data-id=\"19b4729\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13a5383 elementor-widget elementor-widget-testimonial\" data-id=\"13a5383\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"testimonial.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"testimonial w-full md:mt-[79px] md:mb-[44px] my-0 relative\">\n  <div class=\"md:block hidden absolute right-0 -top-[79px] custom-padding-right\"><svg width=\"146\" height=\"146\" viewBox=\"0 0 146 146\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n    <path d=\"M125.143 72.2502H84.1787V11.1787H145.25V73.0002C145.25 106.84 117.924 134.414 84.1787 134.817V115.458C107.249 115.056 125.893 96.1647 125.893 73.0002V72.2502H125.143Z\"\n        stroke=\"#009EE0\" stroke-width=\"1.5\" \/>\n    <path d=\"M41.7142 72.2502H0.75V11.1787H61.8215V73.0002C61.8215 106.84 34.4956 134.414 0.75 134.817V115.458C23.8204 115.056 42.4642 96.1647 42.4642 73.0002V72.2502H41.7142Z\"\n        stroke=\"#009EE0\" stroke-width=\"1.5\" \/>\n<\/svg>\n<\/div>\n    <div class=\"relative -z-10 flex flex-col min-h-[321px] md:pt-[55px] md:custom-padding-right p-4 md:pl-20 md:pr-20 md:pb-[55px] md:mt-0 mt-12 rounded-lg md:rounded-none bg-blue-secondary-200\">\n    <div class=\"block md:hidden absolute right-0 -top-[30px]\"><svg width=\"50\" height=\"50\" viewBox=\"0 0 50 50\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<path d=\"M42.857 24.2501H29.3213V4.32153H49.2499V25.0001C49.2499 36.1513 40.3775 45.2692 29.3213 45.6653V40.0174C37.2654 39.6253 43.607 33.0399 43.607 25.0001V24.2501H42.857Z\" stroke=\"#009EE0\" stroke-width=\"1.5\"\/>\n<path d=\"M14.2857 24.2499H0.75V4.32129H20.6786V24.9999C20.6786 36.1511 11.8062 45.269 0.75 45.6651V40.0171C8.69411 39.6251 15.0357 33.0396 15.0357 24.9999V24.2499H14.2857Z\" stroke=\"#009EE0\" stroke-width=\"1.5\"\/>\n<\/svg>\n<\/div>\n    <div class=\"pb-[24px] text-blue-secondary-800 italic leading-[40px] flex flex-col justify-center flex-1\">Both companies have a great cultural affinity. Vallourec reinforces its position in the sectors it already serves, but expanding its product portfolio with VTI, while A&ccedil;otubo increases its share in the industrial sector. The complementary production processes and organizational similarity formed the ideal scenario for closing the partnership<\/div>\n    <div class=\"pb-[28px] flex flex-col\">\n      <div class=\"title-h6\">Rodrigo Renn&#243;<\/div>\n      <div class=\"text-subtitle text-grey-700\">CEO of VTI<\/div>\n    <\/div>\n  <\/div>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8451e79 elementor-widget elementor-widget-spacer\" data-id=\"8451e79\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e5c9aa5 elementor-widget elementor-widget-spacer\" data-id=\"e5c9aa5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-314f2fc elementor-widget elementor-widget-title\" data-id=\"314f2fc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div>\n      <h2 class=\"title-h2 text-left \" id=\"\">Numbers and perspectives<\/h2>\n  <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1675d7d elementor-widget elementor-widget-spacer\" data-id=\"1675d7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62070c4 elementor-widget elementor-widget-text-editor\" data-id=\"62070c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The shareholding division will be 75% of Vallourec and 25% of A&ccedil;otubo in shareholdings, and the management will be carried out entirely by Vallourec. In terms of structure, the company will be headquartered in Minas Gerais, in addition to two plants in S&atilde;o Paulo, with over 500 employees.&nbsp;<br>\n<br>\nThe joint venture will have an annual capacity to cold drawn between 60 and 70 thousand tons of seamed and seamless tubes, besides cutting, bending, and transforming the tubes into parts and components. The focus is on the domestic market, but exports are also part of the plan. &ldquo;Export is in Vallourec&#8217;s DNA and, considering that Brazil will be the first place in the world where we will operate with the products that will be made available by VTI, this opens up possibilities abroad as well&rdquo;, says Rodrigo Renn&oacute;.<br>\n<br>\nWhile the launch of VTI brings dynamism to the market, customers will also benefit. A broader portfolio reduces the purchasing effort. Additionally, the merger will result in optimized management and operations, directly impacting greater agility and flexibility.<br>\n<br>\n&ldquo;We are very happy to count on the expertise of A&ccedil;otubo Group in this venture, bringing its culture of excellence in customer service with transparency and agility&rdquo;, said the VTI executive. &ldquo;It is an honor to run a project with a sister company like Vallourec. This brings the security that the market needs&rdquo;, concludes the CEO of A&ccedil;otubo.<br><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-36c9ac6 elementor-widget elementor-widget-spacer\" data-id=\"36c9ac6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ddf3ef elementor-widget elementor-widget-spacer\" data-id=\"2ddf3ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7d8d4fd elementor-widget elementor-widget-title\" data-id=\"7d8d4fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div>\n      <div class=\"flex relative justify-start items-end\">\n      <div class=\"relative select-none bg-shadow-title -z-10 mb-3 \" id=\"\"><\/div>\n      <h2 class=\"w-fit absolute bottom-0 left-0 font-medium text-2xl text-black\">Vallourec Tubos para Ind&#250;stria<\/h2>\n    <\/div>\n    <div class=\"bg-black h-[4px] w-full mt-1 mb-3\"><\/div>\n  <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e70008f elementor-widget elementor-widget-spacer\" data-id=\"e70008f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-af67236 elementor-widget elementor-widget-video_player\" data-id=\"af67236\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"video_player.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe\n    class=\"w-full aspect-video p-2 rounded-lg border-0 shadow shadow-1 bg-white\"\n    src=\"https:\/\/www.youtube-nocookie.com\/embed\/-FTzbcU0zao\"\n    allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\"\n    allowfullscreen><\/iframe>\n  \n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a15810 elementor-widget elementor-widget-spacer\" data-id=\"2a15810\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>With a growing market demand for new solutions and technical quality, the company will provide tubes and tubular solutions for the industry in general.<\/p>\n","protected":false},"author":0,"featured_media":1007,"template":"","meta":{"_acf_changed":false},"categories":[82],"tags":[],"class_list":["post-1006","news","type-news","status-publish","has-post-thumbnail","hentry","category-strategy-en"],"acf":[],"yoast_head":"<title>Vallourec announces the creation of \u201cVallourec Tubos para Ind\u00fastria\u201d, a joint venture with the A\u00e7otubo Group - Brazil<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vallourec announces the creation of \u201cVallourec Tubos para Ind\u00fastria\u201d, a joint venture with the A\u00e7otubo Group - Brazil\" \/>\n<meta property=\"og:description\" content=\"With a growing market demand for new solutions and technical quality, the company will provide tubes and tubular solutions for the industry in general.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Brazil\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.vallourec.com\/app\/uploads\/sites\/5\/2021\/10\/20211006_VTI-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/\",\"url\":\"https:\/\/brazil.vallourec.com\/en\/news\/vallourec-announces-the-creation-of-vallourec-tubos-para-industria-a-joint-venture-with-the-acotubo-group\/\",\"name\":\"Vallourec announces the creation of \u201cVallourec Tubos para Ind\u00fastria\u201d, a joint venture with the A\u00e7otubo Group - 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